What is Soft Robotics?
Founded in 2012 and headquartered in Bedford, Massachusetts, Soft Robotics specializes in creating sophisticated gripping systems essential for automated manufacturing processes. Their technology is particularly vital in high-volume, high-mix environments found in eCommerce fulfillment, medical device assembly, pharmaceutical packaging, and the food and beverage industry. The company's solutions are designed to handle a wide array of products with precision and gentleness, addressing a key challenge in modern supply chains and automated production lines. This focus positions Soft Robotics as a key enabler of Industry 4.0 initiatives.
How much funding has Soft Robotics raised?
Soft Robotics has raised a total of $63.5M across 3 funding rounds:
Series A
$4.5M
Series B
$33M
Series C
$26M
Series A (2015): $4.5M with participation from Haiyin Capital
Series B (2021): $33M led by Scale Venture Partners, Tyson Ventures, Yamaha, Material Impact, and Calibrate Ventures
Series C (2022): $26M supported by Marel, Johnsonville, and Tysons Ventures
Key Investors in Soft Robotics
Scale Venture Partners
Scale Venture Partners is an early-stage venture capital firm that invests in founders building category-defining businesses. They provide hands-on consulting and go-to-market advisory from experienced executives to support companies on their journey from founder-led growth to scalable operations.
Marel
Marel, founded in 1977 and headquartered in Gardabaer, Iceland, manufactures and provides equipment, systems, software, and services to the poultry, meat and fish processing industries.
Yamaha
Founded in 1887, Yamaha is a full service japanese corporation. Yamaha focuses on the manufacturing and distribution of pianos. Yamaha is a the major shareholder of Yamaha Motor Co. and is headquartered out of Japan.
What's next for Soft Robotics?
The substantial enterprise-level funding and recent strategic investment indicate a strong market validation for Soft Robotics' technology and business model. This capital infusion is expected to fuel further research and development, enhance manufacturing capabilities, and expand market reach. The company is likely to focus on deepening its penetration in existing markets and exploring new applications for its adaptable gripping technology. Strategic partnerships, potentially with entities like Yamaha or Marel, could also be on the horizon to integrate Soft Robotics' solutions into broader automation ecosystems, driving efficiency and innovation across global supply chains.
See full Soft Robotics company page
